3819 100th Street Southwest, Lakewood, WA 98498
Office space with convenient access to I-5, Hwy-512, and Hwy-16.
- Added:
- Jan 30, 2025
- Days on Market:
- 501
- Last Refresh:
- Apr 5 at 8:24 pm
Property Features for 3819 100th Street Southwest
General Information
- Standard status
- Active
- Size
- 3,607 SF
- Lot size
- 0.35 Acres
- Property subtype
- OFFICE
Listing agent Joel Shabel (253) 722-1406
Listing office Kidder Mathews (253) 722-1406
Listing date Jan 30, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews
HighLights
- Great location with easy access to I‑5, Hwy‑512 and Hwy‑16.
- Unique floor plan with a lower unit featuring a private entrance, two private offices, two restrooms, a large conference room, and an open meeting area.
- Main building includes 7 private offices, two restrooms, a break area with wet‑bar, a bull pen working area, and a sizable conference room.
- Large reception and waiting area.
- Several cosmetic upgrades throughout the units.
- Century Plaza's unique floor plan.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.2k | $21.96 |
| − Vacancy | −$11.1k | −$3.07 |
| EGI | $68.1k | $18.89 |
| − OpEx | −$17.0k | −$4.72 |
| NOI | $51.1k | $14.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lakewood
- County
- Pierce
- State
- Washington
- Longitude
- -122.549
- Latitude
- 47.1666